https://www.taxtmi.com/caselaws?id=342019 The Tribunal ruled in favor of the respondent company, holding that the partnership firm and the company were not related persons for excise duty assessment purposes. Despite common directors and partners, the entities operated differently, with no evidence of additional consideration flowing between them. Citing legal precedents, including the Saci Allied Products case, the Tribunal emphasized using prices to unrelated buyers for excise duty calculation. The decision upheld the Commissioner(Appeals)'s ruling, dismissing the Revenue's appeal on 08/03/2017. en-us Wed, 08 Mar 2017 00:00:00 +0530 Fri, 09 Feb 2018 12:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342019 The Tribunal ruled in favor of the respondent company, holding that the partnership firm and the company were not related persons for excise duty assessment purposes. Despite common directors and partners, the entities operated differently, with no evidence of additional consideration flowing between them. Citing legal precedents, including the Saci Allied Products case, the Tribunal emphasized using prices to unrelated buyers for excise duty calculation. The decision upheld the Commissioner(Appeals)'s ruling, dismissing the Revenue's appeal on 08/03/2017. Case-Laws Central Excise Wed, 08 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342019